Investing and Politics

It has been another hectic and surprising week in American politics. A Democrat won a U.S. Senate race in Alabama for the first time since 1992. Republicans in the House and Senate finalized their tax bill. A few lawmakers called on the president to resign. For the most part, the Dow barely noticed and continued on its merry way.

In the few months since I arrived at Barron’s, I’ve received several letters from readers arguing that we should focus purely on investing and never mention politics at all. I respectfully disagree....